Skeptics of government policy to reduce taxes on saving argue that it would primarily benefit the rich
a. True
b. False
Indicate whether the statement is true or false
True
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Using resources in such a way as to maximize the production of goods and services is called ____________ .
a. efficiency. b. underutilization. c. thinking at the margins. d. growth.
Assume that there is a supply and demand market for non-preferred workers. If prejudice against these workers among employers decreases, then there will be a(n):
A. Increased supply of these workers, a rise in their wage rate, and a decrease in their employment B. Increased demand for these workers, a rise in their wage rate, and an increase in their employment C. Decreased supply of these workers, a fall in their wage rate, and a decrease in their employment D. Decreased demand for these workers, a fall in their wage rate, and a decrease in their employment